By David Nelson, CFA They say the market climbs a wall of worry. I’ve been hearing that my whole career and for the most part, it’s true. In fact, it’s so true that when there’s nothing to worry about, it’s probably a good time to sell. Part of the job in running money is to […]
Tag Archives: GDP
April
05
Hottest in 37 Years!
posted by David Nelson, CFA
By David Nelson, CFA CMT Most investors have never seen economic data this hot. Wednesday’s ISM Manufacturing coming in at 64.7 is the highest in 37 years. GDP Consensus for 2021 is close to 6% with some economists as high as 8%. Add the fact that Friday’s non-farm payrolls coming in at 916K was well […]
September
04
Trade hits the homeland
posted by David Nelson, CFA
David weighs in on this week’s ISM numbers along with the latest on trade.
November
30
GDP hits 3.3% while Senate debates Tax Reform – i24 News
posted by David Nelson, CFA
They said it couldn’t be done but right now U.S. economy is trending above 3%. Senate takes a step closer to a vote on Tax Reform.
December
24
The 2014 Santa Claus Rally – CNBC
posted by David Nelson, CFA
David sat down with CNBC hosts Kelly Evans and Bill Griffeth along with NYSE veteran Peter Costa to talk about this year’s Santa Claus Rally.
December
08
Oil – The Black Swan – Part 1
posted by David Nelson, CFA
By David Nelson, CFA No market event creates more fear in the hearts and minds of investors than that of the Black Swan. Wikipedia explains the Black Swan theory developed by Nassim Nicholas Taleb as follows: The disproportionate role of high-profile, hard-to-predict, and rare events… The non-computability of the probability of the consequential rare events using […]
June
26
Wall Street vs Main Street – Al Jazeera America
posted by David Nelson, CFA
David talks to Al Jazeera host Stephanie Sy about the disconnect between the Stock Market and Main Street America
June
25
Don’t Jump – GDP Shocker
posted by David Nelson, CFA
By David Nelson For the last several days leading into Tuesday’s final GDP reading economists were rapidly cutting their estimates in anticipation of a downward revision. Well it looks like they weren’t even close. Gross Domestic Product (GDP) for the first quarter was revised down to -2.9%. We came into the year looking for 3% […]
DAVID NELSON, CFA 